Retail TouchPoints

MAY 17, 2022

secondhand market is projected to double in the next five years, reaching $82 billion by 2026, according to ThredUP ’s 10 th annual Resale Report , conducted in partnership with GlobalData. The fact that thrifting is now trendy doesn’t fully account for the huge growth in the sector — economics have also played a big role.

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Apparel Fast Fashion Fashion Consumer 317

Inside Retail

AUGUST 31, 2023

Last year’s must-have dress, yesterday’s flares and countless other Western castoffs are strangling the Global South, prompting calls for fast fashion to pay the price for rampant overproduction. Noi said the market generates at least 100 tonnes of fabric waste daily, while city trash trucks can only carry 30 tonnes.

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Fast Fashion Fashion Shipping Marketing 130

Inside Retail

OCTOBER 4, 2022

UK-based fast fashion brand Boohoo recently announced that it had tapped US celebrity and influencer Kourtney Kardashian as its “sustainability ambassador” and launched a “sustainability journey” campaign that included a capsule collection and mini-series.

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Fast Fashion Fashion Wholesale Consumer 130

Retail TouchPoints

OCTOBER 20, 2022

Consumers are also pushing for brands to step away from “fast fashion” trends and promote sustainability in both product development and manufacturing, making efforts to reduce or offset their carbon footprints. Entering the Market of Eco-Friendly Clothing Manufacturers, Designers and Sellers.

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Fashion Fast Fashion Apparel Consumer 295

Retail TouchPoints

SEPTEMBER 29, 2022

This year saw the proposal of the Fashion Sustainability and Social Accountability Act. Particularly for those operating in fast fashion, where the negative environmental and social impact of unsustainable practices is increasingly under public and media scrutiny. A Starting Point. Recommerce.

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Fast Fashion Fashion Markdowns Consumer 356

Inside Retail

OCTOBER 19, 2022

Valued at US$100 billion ($150 billion) , fast fashion brand Shein is in hot water after a recent Channel 4 documentary hosted by British journalist Iman Amrani, Inside The Shein Machine , lifted the veil of secrecy behind the corporation’s operations in China. The next step. A race to the bottom. Will it change?

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Payment Services Fast Fashion Fashion Accounting 130

Inside Retail

DECEMBER 13, 2023

We all know those great Aussies fashion start-up stories, those household names who cut their teeth in the city markets,” John said. It’s our burning belief that fashion can be done better. Inkse is built to give power back to creatives that want to break into fashion design whatever their capabilities,” he added.

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Fashion Fast Fashion Boutique Fulfillment 130

Inside Retail

JULY 24, 2022

Shoppers can buy clothes directly from their favourite sellers and fashion influencers. The capital will also support a hefty marketing push to onboard more sellers, including brands. Fast-forward to 2022, and thrifting is still about finding unique pieces, in addition to caring for the planet and making money on the side.

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Fashion Fast Fashion Accessories Consumer 147

Inside Retail

APRIL 28, 2021

The Chinese fast fashion giant may be one of the most downloaded fashion apps around the world, but it continues to maintain a low corporate profile. Ask any consumer to name a fast fashion retailer and they probably think of H&M, Zara or Gap. Fast fashion, but slow deliveries. Inclusive fashion.

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Fast Fashion Fashion Target Market Consumer 162

Inside Retail

MARCH 26, 2023

Amid the rise of fast fashion and social media platforms accelerating consumptive behaviour, it appears that many Australians aren’t wearing or re-wearing the clothes they purchase. This was highlighted by the Fashion Resale Report from online retailer Reluv and Monash University. Consumer behaviours will also inevitably change.

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Fast Fashion Fashion Consumer Returns 246

Inside Retail

MARCH 3, 2022

They head a growing list of retail brands which have already announced actions to end or reduce sales in Russia, including Swedish fast-fashion company H&M, online apparel store Asos, and tech giant Apple. Russia accounted for about 4 per cent of H&M’s sales during the last quarter, making it the group’s sixth-largest market.

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Fast Fashion Home Furnishings Fashion Apparel 130

Indigo 9 Digital

FEBRUARY 28, 2023

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. Something has to be said about a first mover advantage, it makes things easier.

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Fast Fashion Fashion Apparel Department Stores 98

Inside Retail

MAY 18, 2022

Incredibly, the second-hand clothing sector is expected to grow faster than fast fashion in 2022 and the resale market is expected to grow 11 times faster than the broader clothing sector by 2025. Without clear accountability among those responsible for operational performance, sustainability will not gain traction.

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Fast Fashion Consumer Accounting Fashion 246

Inside Retail

APRIL 25, 2021

However, A&F’s recent financial figures and strategy actually show a brand that is firmly in recovery mode, with a focus on more on-point marketing messaging and fewer stores, as sales are shifted to its digital channels. . Abandonment of sexualised marketing. International expansion driven through flagships.

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Fast Fashion Fashion Accounting Target Market 223

Retail TouchPoints

NOVEMBER 10, 2021

Global emissions from transportation account for approximately 16%, and plastics 4%, of total greenhouse gas emissions. These struggles to improve manufacturing processes are most visible in the textiles industry given the “fast fashion” trend — rapidly producing large volumes of inexpensive garments designed to capitalize on style trends.

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Fast Fashion Fashion Consumer Accessories 298

Inside Retail

SEPTEMBER 13, 2022

According to the United Nations Environment Programme , fashion accounts for up to 10 per cent of global carbon dioxide output – more than international flights and shipping combined. Greenwashing is when a company claims to be environmentally aware, but only for marketing purposes. What is greenwashing? Green or greed?

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Fashion Fast Fashion Promotions Consumer 246

Retail TouchPoints

JUNE 30, 2021

That growth rate looks likely to continue, with the overall secondhand market projected to double in the next five years, reaching $77 billion in annual sales by 2025. Growing Sustainability Concerns Favor Resale Over Fast Fashion. It appears that much of that growth will come at the expense of fast fashion.

Fast Fashion 264

Fast Fashion Fashion Apparel Thrift Store 264

Inside Retail

JANUARY 28, 2022

H&M grew its online business by 24 per cent last year to the point e-commerce now accounts for about one-third of its total sales. In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5

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Net Profit Fast Fashion Fashion Apparel 130

Retail TouchPoints

NOVEMBER 9, 2022

Global downloads of mobile shopping apps were up 16% year-over-year in the first half of 2022 while the number of sessions was up 29% , according to data from the It’s Not Luck, It’s Skill: Make Every Marketing Dollar Count This Holiday Season report by data.ai. Mobile Retailing Requires a ‘Mindset Shift’.

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Fast Fashion Fashion Shipping Marketing 260

Inside Retail

JANUARY 11, 2024

From the early challenges of breaking into a highly competitive market to the strategies that have helped Vestiaire Collective thrive amidst a global pandemic, Moizant shares insights for aspiring entrepreneurs and industry leaders alike. Inside Retail: Tell me about your career journey.

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Fashion Fast Fashion Marketing Management 130

Inside Retail

APRIL 25, 2022

In a statement via its official account on Weibo, a local social media platform, the brand explained that its departure was due to an “adjustment of the brand’s global strategy”. The next retailer that looks to be in trouble is fast-fashion titan H&M. Last August, Urban Outfitters announced it was exiting China temporarily.

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Fashion Accounting Fast Fashion Accessories 130

Inside Retail

OCTOBER 26, 2021

Mars Food rebranded Uncle Ben’s rice to Ben’s Original in response to criticisms of the racial caricatures in its marketing. Consider fast fashion brands that promote International Women’s Day while simultaneously profiting from the exploitation of female workers. Change from within. Beyond making money.

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Consumer Promotions Fast Fashion Marketing 130

Retail Gazette

MARCH 6, 2024

Chief executive John Donahoe told employees in an internal email, ”We are not currently performing at our best, and I ultimately hold myself and my leadership team accountable.” The fashion retailer launched a consultation late last year and is organising a careers fair for the some 400 employees affected before the warehouse closes.

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Fast Fashion Fulfillment Planning Fashion 105

Inside Retail

JANUARY 20, 2022

The Fashion Sustainability and Social Accountability Act (or Fashion Act) would apply to global apparel and footwear retailers and manufacturers with annual revenues of more than US$100 million that do business in New York. new legislation requiring products placed on the EU market to be deforestation-free,” she said.

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Fashion Fast Fashion Apparel Accounting 208

Inside Retail

APRIL 26, 2021

Animal testing for cosmetics is banned in certian markets, including Europe, but animal rights organisation PETA claims some ‘cruelty-free’ companies have been quietly paying for tests on animals in order to market their products in China. Cruelty-free fashion. The alternative leather market is booming,” Zelden said.

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Fashion Fast Fashion Consumer Marketing 242

Inside Retail

SEPTEMBER 6, 2022

As part of the deal, PixelForce is building a Shopify app that will enable designer fashion brands to show customers exactly how much they could earn if they rented out items on Designerex after purchasing them. Kore frequently describes Designerex as the Airbnb of fashion rental. This makes the business highly scalable.

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Fashion Checkout Fast Fashion Consumer 130

Inside Retail

DECEMBER 15, 2021

Underserved market. It’s not like you’re making clothes for 5 per cent of the market. This is 67 per cent of the market.”. In the US, they account for 19 per cent of that country’s US$113.8 billion women’s clothing market, according to NPD Group. However, most of that demand goes unmet.

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Fashion Fast Fashion Marketing Consumer 130

Inside Retail

JULY 19, 2022

In a crowded market like the home fragrance category, where everyone from fast fashion and beauty brands to discount department stores and pharmacists are selling candles, it’s near impossible to create and retain cut-through, much less develop an iconic brand synonymous with luxury and quality like 60-year-old Parisian brand Diptyque.

Home Furnishings 130

Home Furnishings Department Stores Fast Fashion Outdoor 130

Inside Retail

FEBRUARY 27, 2023

We are delighted by the growing market demand for NuCycl.” The impact this has on the planet is diabolical and it is not just a consumer problem, it is the responsibility of everyone in the fashion and textiles industry. The entire fashion supply chain is at a breaking point. million tonnes to 134 million tonnes a year by 2030.

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Fashion Fast Fashion Apparel Accounting 130

Inside Retail

FEBRUARY 8, 2023

Despite its fantastic location just 10 minutes from the Pacific Ocean front and Santa Monica Pier, Macerich still has a job on its hands: the Bloomingdales two levels accounted for another approximately 9300sqm that remains to be filled. An experiential tenant like Arte Museum is a trendy choice to replace the cinema.

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Department Stores Fast Fashion Shopping Location 130

Inside Retail

JULY 21, 2023

After years of being sidelined on the alternative calendar, Seoul Fashion Week has become a popular fashion destination to discover bubbling trends before they hit the mainstream, and this year marks its highly-awaited return to physical shows following a two-year hiatus due to the pandemic. billion to $37.18 billion, respectively.

Fashion 130

Fashion Fast Fashion Accessories Wholesale 130

Inside Retail

MAY 10, 2023

per cent) stores were going gangbusters with duty free sales, which account for up to 20 per cent of their store sales. One of the key drivers of the strong showing has been the revival in visitors from overseas. In April, the Shinjuku (+21.2 per cent) and Osaka (+16.0 per cent in April, led by the Ginza (+41.4 per cent) and Shinjuku (+25.4

Department Stores 130

Department Stores Specialty Store Fast Fashion Supermarket 130

Inside Retail

AUGUST 20, 2023

This means that any fashion brand wishing to sell goods in the US must have complete oversight of its supply chains, from farm to manufacture, and be able to prove it to US Customs at the time of import. Since the Xinjiang region accounts for 20 per cent of the world’s cotton production, many brands are at risk of being implicated.

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Fashion Consumer Fast Fashion Planning 246

Inside Retail

JULY 28, 2021

It operates more than 100 stores in Japan, manufacturing and marketing spectacles, contact lenses and hearing aids as well as selling other optical goods. IR: How has the optical market evolved since you launched your business? IR: Can you tell us what it was like to launch a new store during the pandemic?

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Dead-Stock Fashion Fast Fashion Shopping 246

Retail TouchPoints

JULY 20, 2020

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. Even some of the most popular brands partner with off-price retail. It’s time to embrace the future of excess inventory.

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Inventory Management Apparel Fashion Specialty Store 151

365 Retail

FEBRUARY 14, 2024

Recent industry challenges like data breaches, privacy concerns, and fleeting attention in the TikTok market have only served to emphasise this truth. Instead, we had to figure out how to cut through the noise of corporate marketing messages and competing clothing brands. Our claims aren’t just good marketing, they’re reality.

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Consumer Fast Fashion Marketing Fashion 72

Inside Retail

JUNE 9, 2021

Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum.

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Planning Department Stores Fast Fashion Fulfillment 147